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Russian Finance Minister: We'll Lose $45 Billion If Oil Is At $50 In 2015
Russia must cut expenditure to cover what could be a more than $45 billion drop in revenues this year if the average oil price is $50 a barrel, Finance Minister Anton Siluanov said on Wednesday.In...
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Sweden Confirms It Launched A Second Hunt For A Suspected Russian Submarine...
Sweden's military spokesman confirmed on Jan. 11 that the country had carried out a second search for a suspected Russian submarine just shortly after a high-profile sub hunt concluded in late October....
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Russia Is Constructing An Arctic Stronghold 30 Miles From The Finnish Border
Russia has started moving troops towards a new military installation that's 31 miles from the Finnish border, Damien Sharkov Newsweek reports citing a press statement from Russian admiral Vladimir...
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China May Have Just Unveiled A New Stealth Drone
China may have just scored a success in its push toward eroding US air superiority.In late December, China's Chengdu Aircraft Corp. unveiled its latest iteration of the Tian Yi drone.According to IHS...
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Obama's Response To The Sony Hack Says A Lot About US Cyber Policy
WASHINGTON/SAN FRANCISCO (Reuters) - The unusually destructive cyberattack on Sony Pictures Entertainment is providing an early test of a new Obama administration policy to reveal more of what it knows...
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Lawmakers Are Pushing Ahead On A Plan For More Iran Sanctions
WASHINGTON (Reuters) - Republican and Democratic U.S. lawmakers will press ahead with a plan for more sanctions on Iran, the chairman of the Senate Foreign Relations Committee said on Wednesday,...
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The Impact Of The Oil Collapse On ISIS Is Severe
As oil prices continue to fall, flirting with the US$40/bbl floor, there has been much talk of cheap oil’s winners and losers. The discussion has focused on big producer and consumer countries, but...
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How Marine SWAT Teams Gear Up
Marine Corps Special Reaction Teams act as a SWAT force within the military police community. Because of their specialized mission, they sport some pretty sweet gear. This recent Marine Corps photos of...
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Why The Turkish Military Won't Fight ISIS
In all the discussions about Turkey not being particularly supportive to the coalition fighting the "Islamic State"/ISIS, little has been said about the military's role in shaping the government's...
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The Lockheed F-35 Jet On Track To Be Combat Ready
WASHINGTON (Reuters) - Lockheed Martin Corp's F-35 fighter jet is on track to meet the Marine Corps's July target to declare the jet ready for combat use, Navy Secretary Ray Mabus said Thursday.The...
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21 Jaw-Dropping Photos Of The US Coast Guard In Alaska
Alaska is the final frontier of the US.Sparsely populated, disconnected from the contiguous states, subjected to a harsh Arctic climate, and almost unimaginably vast, the mere mention of Alaska...
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Archaeologists Find 1882 Rifle Leaning Against Nevada Desert Tree
Archaeologists conducting a survey in Great Basin National Park in eastern Nevada have stumbled upon a 132-year-old Winchester rifle propped against a tree, possibly having been left there more than a...
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America's Top Military Officer Suggests That Iran's Military Dominance In...
Joint Chiefs of Staff Chairman General Martin Dempsey has described Iran’s military action against the Islamic State (IS) in Iraq as a “positive” development, according to recent comments.Dempsey,...
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China Has A New Navy — And It's Making The Neighbors Nervous
"China has an aircraft carrier."That headline alone was enough to send chills down the spines of American military strategists -- and of China's immediate neighbors, too -- when we first learned of...
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What The World's Armies Eat
One of the biggest challenges facing any military is providing each soldier with a lightweight, self-contained, high-calorie meal inside of a combat zone. These individual field rations called "Meal...
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Europe Is Woefully Unprepared For The War On Terror
Many European countries decided they would have nothing to do with the war on terror. Of course, they made the argument for not intervening in the Middle East on moral and legal grounds, but no doubt...
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Russia And Iran Just Got Even Closer
Russia and Iran are aligning more and more.In Tehran on Tuesday, Russian defense minister Sergei Shoigu and his Iranian counterpart, defense minister Hossein Dehghan, signed an agreement on "military...
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Israel Didn't Target Iranian General Killed In Syria Strike
JERUSALEM (Reuters) - An Iranian general killed in an Israeli air strike in Syria was not its intended target and Israel believed it was attacking only low-ranking guerrillas, a senior security source...
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Gen. Stanley McChrystal Wants Every Young American To Serve Their Country —...
It all started with a question. In the summer of 2012, Gen. Stanley McChrystal was wrapping up an onstage conversation at the Aspen Ideas Festival conference. He was asked if the US should reinstate...
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Ukraine: Russian-Backed Separatists Just Made Another Land Grab
KIEV (Reuters) - Ukraine on Tuesday accused pro-Russian separatists of taking advantage of a ceasefire deal signed last September to seize more territory in the east and said Kiev would demand its...
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